SkyWest Inc reports results for the quarter ended in December - Earnings Summary

SkyWest

02/02/2023 22:03

* SkyWest Inc  SKYW.OQ  reported a quarterly adjusted loss
of 93
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
8 cents per share.
    * Revenue fell 12.3% to $681.25 million from a year ago;
analysts
expected $711.44 million. 
    * SkyWest Inc's reported EPS for the quarter was a loss
of 93
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * SkyWest Inc shares had risen by 23.6% this quarter.
    * The company reported a quarterly loss of $47.1 million.
    * Wall Street's median 12-month price target for SkyWest Inc
is
$19.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.08           -0.93          Missed
 Sep. 30 2022      0.75           0.96           Beat
 Jun. 30 2022      0.45           1.07           Beat
 Mar. 31 2022      0.01           0.35           Beat